MorningWord: 4/26/12: I got to give AAPL a ton of credit, not only did they disclose Tuesday night that they seemingly brought great joy to 35 million people last quarter by selling them the only …
Continue reading2nd Trade Update APril 25th, 2012 at 2:25pm: AAPL has found a bit of a home up about 8.5% at $609, trading about $9 below the morning highs…..I think the stock’s close could be fairly …
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Today’s durables goods report was the latest in a string of macroeconomic disappointments over the last few weeks. This phenomenon is most easily seen by the following chart of the Citigroup Economic Surprise Index, taken …
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The UK has officially slipped into a double dip recession. From the WSJ: — U.K. GDP shrinks 0.2% on quarter in 1Q — U.K. officially back in recession after contraction in 4Q 2011 — Slide …
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MorningWord: 4/25/12: Yesterday wasn’t a bad showing for equity markets that seemingly could have cared less about anything else other than AAPL’s fiscal Q2 earnings to be released after the market close. In a lot of way’s …
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Marketwatch The dollar edged down and Treasury prices remained under slight pressure on Wednesday after a report showed U.S. durable goods fell 4.2% in March, more than economists expected. The main focus for currency and …
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Trade Update April 24th, 2012 at 3:25pm: AAPL‘s trading in the last month was been a little “APPLETASTIC” even for the true believers……for those of you who have sworn to never sell your AAPL stock, an …
Continue readingTRADE UPDATE April 24th, 2012 at 2:30pm: With AAPL down about 2.8% on the day at ~$555, the APR wkly 555 straddle is offered at 37.25, only implying now about a 6.5% move from earnings …
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AAPL reports its fiscal Q2 earnings after the bell. The options market is implying about a 7.15% move* which is fairly rich to its 4 qtr avg move of about 4.25%. MAKE NO MISTAKE ABOUT IT, …
Continue readingTRADE UPDATES APril 24th 2012 at 9:45am: NFLX currently ~$87.20 Trading around earnings events are obviously very tricky and especially in names like NFLX that have historically moved in the mid to high teens following …
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